Form 4: CompoSecure Director John Cote Increases Stake in Company Through Multiple Transactions
SEC Form 4
Director John Cote reports multiple purchases of CompoSecure (CMPO) Class A Common Stock, increasing his indirect beneficial ownership.
Summary
- John Cote, a director and 10% owner of CompoSecure, Inc. (CMPO), has reported several transactions involving the company's Class A Common Stock.
- On February 12, 2025, Cote indirectly acquired 221,186 shares at a weighted average price of $15.01, with prices ranging from $14.72 to $15.13.
- On February 13, 2025, he indirectly acquired 220,587 shares at a weighted average price of $15.50, with prices ranging from $15.25 to $15.62.
- On February 14, 2025, he indirectly acquired 205,120 shares at a weighted average price of $15.83, with prices ranging from $15.54 to $16.12.
- Following these transactions, Cote's indirect beneficial ownership includes 646,893 shares acquired through these transactions, 49,290,409 shares held by Resolute Compo Holdings LLC, and 1,500,000 shares held by Ridge Valley LLC.
- Cote disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's increased stake could be seen as a positive signal, but it's important to consider the context and reasons behind the transactions.
Positives
- The director's increased investment could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive signal, suggesting that those with the most knowledge of the company believe its stock is undervalued.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | John Cote indirectly acquired 221,186 shares of Class A Common Stock. |
| 02/13/2025 | John Cote indirectly acquired 220,587 shares of Class A Common Stock. |
| 02/14/2025 | John Cote indirectly acquired 205,120 shares of Class A Common Stock; Form 4 filing date. |
Keywords
CompoSecure, CMPO, John Cote, insider trading, beneficial ownership, Class A Common Stock, Tungsten 2024 LLC, Resolute Compo Holdings LLC, Ridge Valley LLC
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